A very interesting mechanism: only whitelist members can trade in the first 20 minutes. 20%-25% of $AIVAX tokens will be released linearly over 3 years. The combined gameplay means that a snapshot will be taken 20 minutes after the launch. If the number of tokens in a wallet is lower than the initial amount (e.g., presalers sell their tokens), they will not be eligible for the additional 20%-25% rewards. Whitelist composition? Approximately 15 AVAX communities: - Presale wallets - Wallets that applied but did not pass the presale - Top holders of Ket, Wink, Blub, Orbs - All @TheArenaApp Champions - Communities with free airdrops @ghost93_x seems to have gained a lot from attending the AVAX Summit. Hopefully, @AIVAonAVAX can spark another wave for @avax!
TLDR: What you need to know about @aivaonavax’s launch AIVAX will be a whitelist-only launch. >What does it mean to be whitelisted during this period? Only wallets on the list can trade $AIVAX during the first 20 minutes of launch. This helps slow down snipers and also cuts down on unnecessary pnds tbh It’s a reward in disguise (keep on reading, you'll see) >Who’s getting whitelisted? About 15 top AVAX communities. This includes: →Accepted presale wallets →Rejected presale wallets (if they’re real) →Top holders of Ket, Wink, Blub, Orbs, and all Arena Champions →Wallets submitted by trusted CMs for the free airdrops Community > snipers. >On incentives, hehe: Roughly 20–25% of $AIVAX supply will go toward linear vesting over 3 years. How to qualify: →Hold your presale tokens →Or buy more within the first 20 minutes Snapshot will be taken 20min after launch... and: If you SELL, TRANFER (mistake or not), or your wallet balance drops below that snapshot, you LOSE the entire vesting. And, the more others sell, the more your share grows. It’s game theory in motion (hold your breath while everyone else gasps for air.) >Who gets their tokens first at TGE? Presale buyers get tokens early (but can’t trade them yet) We’ll announce launch date and time well ahead Whitelist trades open for the first 20 minutes Rewards for holding. Penalties for panic selling. lastly, and the most important thing to have behind your minds: Stopping isn’t an option. We didn’t come this far to come this far.
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